Dolphin & Bradbury, Inc. v. Securities & Exchange Commission

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that \'extreme recklessness' can satisfy [the] scienter requirement\ of Section 10b-5 claims and quoting same language from Steadman and Sundstrand
• holding that \'extreme recklessness' can satisfy [the] scienter requirement\ of Section 10b-5 claims and quoting same language from Steadman and Sundstrand
• refusing to apply scienter standard “in a way that would protect someone who warns his hiking companion to walk slowly because there might be a ditch ahead when he knows with near certainty that the Grand Canyon lies one foot away” (internal quotation marks, citation, and emphases removed)

Source: CourtListener parenthetical corpus (CC0).